CONSOLIDATED STATEMENT
OF COMPREHENSIVE INCOME
for the year ended 31 December 2025
Note(s) 2025
$000
2024
$000
Total deficit for the year 39 (12,305) (9,612)
Other comprehensive profit / (loss)
Items that may be reclassified to profit or loss
Profit / (Loss) on revaluation of cash flow hedges 1,645 (1,862)
Total other comprehensive profit / (loss) for the year 39 1,645 (1,862)
Total comprehensive loss for the year (10,660) (11,474)
CONSOLIDATED STATEMENT
OF CHANGES IN EQUITY
for the year ended 31 December 2025
2025
$000
2024
$000
Equity at start of the year 31,868 43,342
Total comprehensive loss for the year
Deficit for the year (12,305) (9,612)
Net change in fair value of cash flow hedges 1,645 (1,862)
Total comprehensive loss for the year (10,660) (11,474)
Equity at end of the year 21,208 31,868
The notes on pages 18 to 43 are an integral part of these consolidated financial statements.
ITF Trust Annual Report and Consolidated Financial Statements 16